Viper Energy (VNOM) Misses Q4 EPS by 30c
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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter 2018 Financial and Operating Results
February 5, 2019 4:01 PM ESTMIDLAND, Texas, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) ("Viper" or the Company), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback"), today announced financial and operating results for the fourth quarter ended December 31, 2018.
HIGHLIGHTS
Q4 2018 cash distribution of $0.51 per common unit , up 11% year over year; implies a 6.4% annualized yield based on the February 4, 2019 unit closing price of $31.952018 full year distribution of $2.17, up 52% from full year 2017; implies a 6.8% yield based on the February 4, 2019 unit closing price of $31.95Q4 2018... More